Advanced Disposal announces $425 million eight-year notes offering

By Paul A. Harris

Portland, Ore., Oct. 26 – Advanced Disposal Services Inc. announced in a Wednesday press release that it intends to offer $425 million of eight-year senior notes via Rule 144A and Regulation S.

The Ponte Vedra, Fla.-based provider of non-hazardous solid waste services plans to use the proceeds, together with borrowings under its new credit facilities, to pay off its existing credit agreement, finance a tender offer for its senior notes due 2020 and for general corporate purposes

The new credit facilities are in the market via Deutsche Bank Securities Inc., Barclays, Credit Suisse Securities (USA) LLC, UBS Investment Bank and Macquarie Capital (USA) Inc.

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